Condensed Interim Financial Statements for the Three Months Ended 31 March 2017

Chairman’s Report

I am pleased to report that for the first quarter of the year, 1 January to 31 March, 2017, Trinidad and Tobago NGL Limited (“TTNGL” and “Company”) recorded after-tax earnings of $56.9 million. This represents an 88.4% improvement when compared to the corresponding quarter in 2016 in which a profit of $30.2 million was recorded. Earnings-per-share for the period were $0.37, compared to $0.20 for 2016—an improvement of 85.0%.

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